WENGER VIRGIL E 4
4 · Power REIT · Filed Jul 19, 2022
Insider Transaction Report
Form 4
WENGER VIRGIL E
Director
Transactions
- Award
Common Stock
2022-07-15+600→ 10,319 total - Award
Stock Option (right to purchase)
2022-07-15+10,000→ 10,000 totalExercise: $13.44From: 2022-08-01Exp: 2032-07-15→ Common Stock (10,000 underlying)
Footnotes (2)
- [F1]On July 15, 2022, Mr. Wenger was granted 600 shares of restricted common stock as compensation pursuant to the Power REIT 2020 Equity Incentive Plan which vests in equal 25% installments on each of 9/30/22, 12/31/22, 3/31/23 and 6/30/23.
- [F2]On July 15, 2022 Mr. Wenger was granted an option to purchase 10,000 shares of common stock as compensation pursuant to Power REIT 2020 Equity Incentive Plan which vests monthly pro rata over 36 months starting on August 1, 2022.